Business
Hong Kong’s Fashion Tech Start-Up Code-Create Partners with Eschange Capital: Targets Expansion in Mainland China and South Korea
Fashion technology startup from Hong Kong gathers capital, targets expansion in mainland China and South Korea
The homegrown startup, Code-Create, has an objective to secure a minimum of US$2 million in funding by the close of 2025 to finance its forthcoming expansion strategies.
Code-Create, a software company from Hong Kong that specializes in fashion design, is partnering with a domestic venture capital firm to secure funding for its growth strategy. Initially, they aim to penetrate crucial markets in mainland China and South Korea.
The new business venture plans to accumulate a minimum of US$2 million by the close of 2025, assisted by Eschange Capital, their strategic financial ally. The raised capital will be allocated to bolster marketing efforts, team expansion, and software improvements in order to reach their objectives.
"China's market possesses enormous possibilities," stated co-founder and CEO Kim Wong during a press conference on Monday. He further mentioned that Code-Create is already known across different social platforms on the mainland and among its customers. "Our aim is to penetrate the international market."
Their AiDA software, an artificial intelligence-powered Interactive Design Assistant for Fashion, leverages various AI technologies to meet the requirements of designers throughout the ideation and design phase. It hastens the product development cycle from the initial creative idea to the actual product launch.
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